NOT LISTED FOR SALE

104 S 4th St Niles, MI 49120

Estimated Value: $150,000 - $207,000

3 Beds
1 Bath
-- Sq Ft
4,281 Sq Ft Lot

Last Sold July 02, 2021

Last sale price $105,000

Est. 74% increase in value since last sale

Current estimated payment $1,247/month

12 Days on Market

About This Home

As of July 2021

Just Listed, nice 3 unit income property, great rental investment with good rent history. Convenient location...walk to town, grocery, hospital , restaurants . Large main floor 2 bedroom has gas forced air heat with central air & new bath with washer & dryer . The upstairs has 2 one bedroom units .

Last Agent to Sell the Property

Mark Skene

RE/MAX Modern Realty, Inc. License #6501203971 Listed on: 06/10/2021

Last Buyer's Agent

Claudia Kelleher

Cressy & Everett Real Estate License #6506047350

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,655

Year Built

  • Built in 1900

Lot Details

  • 4,281 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Window Unit Heating System
  • Natural Gas Connected

Community Details

  • 3 Units
  • Insurance Expense $926

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, sewer

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,655

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 110000.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Window Unit(s), Central Air
  • Cooling: Yes
  • Heating: Radiant, Forced Air
  • Heating: Yes
  • Utilities: Telephone Line, Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4281.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 926.0
  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1655.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 2, 2021
Sold by
Bush Andrew and Bush Valerie
Bought by
Wallace Stephen
Seller's Agent
Mark Skene
RE/MAX Modern Realty, Inc.
Buyer's Agent
Claudia Kelleher
Cressy & Everett Real Estate
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
$183,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,000
Avg. Annual Appreciation
13.11%

Purchase Details

Listed on
May 18, 2018
Closed on
Jun 7, 2018
Sold by
Bradley Allen L
Bought by
Bush Andrew and Bush Valerie
Seller's Agent
Mark Skene
RE/MAX Modern Realty, Inc.
Buyer's Agent
Bradley Hafner
Cressy & Everett Real Estate
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$56,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2018
Closed on
May 25, 2018
Sold by
Bradley Allen L
Bought by
Bush Andrew and Bush Valerie
Seller's Agent
Mark Skene
RE/MAX Modern Realty, Inc.
Buyer's Agent
Bradley Hafner
Cressy & Everett Real Estate
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1990

Purchase Details

Closed on
Oct 20, 1988

Purchase Details

Closed on
Jan 30, 1988

Purchase Details

Closed on
Dec 4, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wallace Stephen $105,000 Accommodation
Bush Andrew $75,000 None Listed On Document
Bush Andrew $75,000 None Available
-- $100 --
-- -- --
-- $25,000 --
-- $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bush Andrew $56,250
Previous Owner Bush Andrew $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2021 07/02/21 Sold $105,000 -4.5% --
06/22/2021 06/22/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $110,000 +46.7% --
05/30/2018 05/30/18 Sold $75,000 0.0% -- View Prior Sale
05/18/2018 05/18/18 For Sale $75,000 -- --
03/30/2018 03/30/18 Pending -- -- --
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,496 $97,700 $0 $0
2024 $1,825 $89,900 $0 $0
2023 $1,750 $60,800 $0 $0
2022 $1,667 $55,600 $0 $0
2021 $1,674 $52,100 $1,900 $50,200
2020 $1,655 $41,600 $0 $0
2019 $1,632 $27,200 $1,500 $25,700
2018 $1,506 $27,200 $0 $0
2017 $1,489 $29,500 $0 $0
2016 $1,464 $28,100 $0 $0
2015 $1,460 $26,600 $0 $0
2014 $745 $26,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21021827

MichRIC

APN: 11-73-2700-0049-00-0